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Coningsby St Michael's Church of England Primary School: school finances

Latest full year 2024-25, as an academy (accounts return, September to August). Lincolnshire · Primary · Academy converter

Large reserves

Holds £237k £921 per pupil in reserve, 12% of a year's income.

Status by year

  1. 2018-19 Healthy reserve between 3% and 8% of a year's income
  2. 2019-20 Large reserves reserve 8% or more of a year's income
  3. 2020-21 Large reserves same as the year before
  4. 2021-22 Large reserves same as the year before
  5. 2022-23 Large reserves same as the year before
  6. 2023-24 Tight reserve under 3% of a year's income
  7. 2024-25 Large reserves reserve 8% or more of a year's income

Government funding vs spending per pupil

In 2024-25, government funding was £2.0m £7,619 per pupil and spending £1.7m £6,482 per pupil. Government funding was £292k £1,136 per pupil more than spending.

Government funding and spending per pupil, 2018-19 to 2024-25Government funding and spending per pupil each year, 2018-19 to 2024-25. 2018-19: funding £4k, spending £4k; 2019-20: funding £5k, spending £5k; 2020-21: funding £5k, spending £5k; 2021-22: funding £5k, spending £5k; 2022-23: funding £6k, spending £6k; 2023-24: funding £7k, spending £6k; 2024-25: funding £8k, spending £6k£4,000£5,000£6,000£7,0002018-192020-212022-232024-25Gov. fundingSpendingSimilarGov. fundingSpending

Funding is the money a school receives; spending is what it pays out. The two differ when a school adds to or draws on its savings, and because some money is spent on its pupils by someone else: the council (for example special needs top-ups and transport) or, for academies, the trust's central team. (IFS, pp. 7, 10, 46, 52, 54)

Government funding is the academy accounts line "grant funding from government" in academy (AAR) years and the CFR grant funding total in council-run years. The two are not strictly comparable: CFR line I07 can include some money that is not from government.

Real terms: in 2025-26 prices (HM Treasury GDP deflator, October 2026).

Reserve per pupil by year

Reserve per pupil, 2018-19 to 2024-25Reserve per pupil at the end of each year. 2018-19: £261; 2019-20: £459; 2020-21: £605; 2021-22: £589; 2022-23: £669; 2023-24: £0; 2024-25: £0£0£200£400£6002018-192020-212022-232024-25ReserveSimilarReserve

Real terms: in 2025-26 prices (HM Treasury GDP deflator, October 2026).

Each year's figures, newest first
YearPupilsIncomeSpendingIn-year balanceReserve at year end
2024-25257.0£2.0m £7,891 per pupil£1.7m £6,482 per pupil+£362k +£1,409 per pupil£0 £0 per pupil
2023-24271.0£1.8m £6,815 per pupil£1.7m £6,417 per pupil+£108k +£399 per pupil£0 £0 per pupil
2022-23296.0£1.8m £6,186 per pupil£1.6m £5,574 per pupil+£181k +£611 per pupil£198k £669 per pupil
2021-22317.5£1.8m £5,609 per pupil£1.7m £5,345 per pupil+£84k +£265 per pupil£187k £589 per pupil
2020-21337.0£1.8m £5,285 per pupil£1.6m £4,878 per pupil+£137k +£407 per pupil£204k £605 per pupil
2019-20338.0£1.7m £4,914 per pupil£1.5m £4,518 per pupil+£134k +£396 per pupil£155k £459 per pupil
2018-19330.0£1.6m £4,903 per pupil£1.5m £4,470 per pupil+£143k +£433 per pupil£86k £261 per pupil

Where the money comes from

Income in 2024-25, with the trend per pupil since 2018-19
Line2024-25Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total income£2.0m £7,891 per pupil+61% +27% real£7k
Government funding£2.0m £7,619 per pupil+71% +34% real£7k
Special needs (SEN) funding£247k £961 per pupil+244% +171% real£260
Pupil premiumNot reported in academy accounts
Money the school raised itself£61k £237 per pupil-46% -57% real£237
Donations (day-to-day)£4k £16 per pupil-94% -96% real£8
Donations for buildings and equipmentNot reported in academy accounts
Facilities and services£47k £183 per pupil£92
Catering income£9k £35 per pupil-10% -29% real£63
Other DfE grants£6k £23 per pupil£201

Other DfE grants is a container line. It includes the grants that cover higher employer pension and National Insurance costs, which cannot be separated out, so no figure is shown for them on their own. Not every rise in a school's income is extra spending power. When the government raised what schools pay as employers into staff pensions and National Insurance, it gave schools grants to cover the bill. The IFS describes this as extra money to pay for extra outgoings, with no change in real resources. About £2.3 billion of the growth in school funding between 2019–20 and 2025–26 was this kind of grant. So when a school's income jumps, check whether its staff costs jumped by the same amount: the money may simply have passed through. (IFS, p. 50)

Academy accounts don't report pupil premium as a separate line, so it is shown as not reported rather than as zero.

Where it goes

Spending in 2024-25, with the trend per pupil since 2018-19
Line2024-25Trend per pupilChange per pupil since 2018-19Similar schools (median per pupil)
Total spending£1.7m £6,482 per pupil+45% +14% real£7k
Teachers£816k £3,175 per pupil+39% +10% real£3k
Supply staff£21k £82 per pupil+8% -15% real£67
Support staff£380k £1,479 per pupil+97% +55% real£1k
Office and admin staff£58k £226 per pupil+49% +17% real£299
Premises staff£51k £198 per pupil+42% +12% real£166
Catering staff£0 £0 per pupil-100% -100% real£0
Other staff costs£61k £237 per pupil-7% -27% real£167
All staff costs£1.3m £5,198 per pupil+48% +16% real£5k
Premises£83k £323 per pupil+72% +35% real£393
Energy£29k £113 per pupil+151% +95% real£118
Rates, water and other building costs£150k £584 per pupil+49% +17% real£607
Catering£99k £385 per pupil+34% +5% real£306
Learning resources£56k £218 per pupil+35% +7% real£335
Supplies and services£97k £377 per pupil+11% -12% real£635
Bought-in services£30k £117 per pupil+75% +38% real£168

Staff costs were 80% of this school's spending in 2024-25. Across England, over 80% of schools' costs are staff costs. (IFS, p. 63)

In 2025-26 prices, this school spent £1.7m £6,607 per pupil in 2024-25. Across England, primary schools are expected to spend about £7,000 per pupil in 2025–26. (IFS, p. 7)

Academy figures exclude the trust's central spending on its schools, so they can look lower than a council-run school's. See the trust's central spending below.

Pupils by year

  1. 2018-19 330.0
  2. 2019-20 338.0
  3. 2020-21 337.0
  4. 2021-22 317.5
  5. 2022-23 296.0
  6. 2023-24 271.0
  7. 2024-25 257.0

Pupil numbers fell from 330.0 to 257.0 (22% fewer) over the years shown.

Schools are mostly funded per pupil, so fewer pupils means less money. Costs do not fall in step: a class with a few fewer pupils still needs a teacher. Primary schools in England have already lost about 100,000 pupils (3%) between 2019–20 and 2024–25, and are expected to lose over 300,000 more (about 8%) by 2030–31. Secondary numbers are expected to start falling from about 2026–27. The IFS points out that money is only saved if schools actually reduce what they spend, such as staff or the number of schools. That is why a well-run school with falling numbers can still find its budget under pressure. (IFS, pp. 19, 64)

Trust central spending

What LINCOLN ANGLICAN ACADEMY TRUST spent centrally per pupil, on top of this school's own accounts:

  1. 2018-19 £335
  2. 2019-20 £292
  3. 2020-21 £361
  4. 2021-22 £433
  5. 2022-23 £660
  6. 2023-24 £669
  7. 2024-25 £766

These are cash figures. The IFS average below is in 2025-26 prices.

On average, academy trusts spent £510 per pupil centrally in 2023–24, money that is not counted in their individual schools' own spending. (IFS, p. 56)

Money raised by parents

Parents' association money per pupilParents' association income and spending per pupil. 2018-19: raised £12; 2019-20: raised £11; 2020-21: raised £3£0£5£10£15£202018-192019-202020-21RaisedSpent
Each school year's returns, newest first
School yearRaisedSpent
2020-21
year to July 2021
£922 £3 per pupil£791 £2 per pupil
2019-20
year to July 2020
£4k £11 per pupil£4k £12 per pupil
2018-19
year to July 2019
£4k £12 per pupil£7k £22 per pupil
2017-18
year to July 2018
£6k£8k

Each return is placed in the school year that holds the end of the charity's financial year, and per-pupil figures use that year's pupils. A parents' association's money is its own and isn't in the school's accounts above. Money a parents' association gives the school can also appear in the school's own accounts as donations, so the two can overlap. They are shown separately here and never added together.

Across England, the typical registered parents' association raised £50 per pupil in 2025-26.

Intake and area

academy · Primary · Mixed · LINCOLN ANGLICAN ACADEMY TRUST (multi-academy trust) · Church of England

Intake band 4 of 5 nationally, combining free-school-meal eligibility and the deprivation of the school's neighbourhood (1 = least disadvantaged, 5 = most).

Context, not a judgement: schools with different intakes get different funding and face different costs.

How my school's money is split

For pupils: out of every pound the school spent in 2024-25, here is roughly where it went, with the amount for each pupil.

National context

Questions to ask the school

Useful for parents, governors and PTFA committees.

  1. What is Coningsby St Michael's Church of England Primary School's £237k £921 per pupil reserve being kept for, and is there a timetable to spend it?
  2. How many pupils does Coningsby St Michael's Church of England Primary School expect in each year group over the next three years? Why ask: Primary pupil numbers in England are expected to fall by over 300,000 (about 8%) by 2030–31. (IFS, p. 19)
  3. How many pupils at Coningsby St Michael's Church of England Primary School have an EHCP or need extra support, and how is support above the first £6,000 a year funded? Why ask: Mainstream schools are expected to fund the first £6,000 a year per pupil from their core budget. (IFS, p. 46)
  4. How much of Coningsby St Michael's Church of England Primary School's funding does LINCOLN ANGLICAN ACADEMY TRUST keep centrally each year, and what does the school get for it? Why ask: Academy trusts spent £510 per pupil centrally in 2023–24 on average. (IFS, p. 56)
  5. How much does the PTA (or friends' association) raise each year, and what does it pay for?
  6. Is any of it already committed, for example to building work or to cover a planned overspend?
  7. Is the school planning to merge classes, share staff or work more closely with another school?
  8. Does the council's top-up money arrive on time and cover what the support actually costs?

Check at source

Every figure here comes from the school's published return. Check it on the DfE benchmarking page for this school, and see how the figures are worked out.

Similar schools: the closest in phase, size and share of pupils on free school meals.

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